The H1 net profit of the East Sunshine Aluminum in 2009 is expected dip 70-90%.

The H1 net profit of the East Sunshine Aluminum in 2009 is expected dip 70-90%. The main reason is the infiuence of the international financial crisis and the impact of the macroeconomic situation; part of the company's aluminum productions' profit is expected to reduce about 70-90%, compared with that of last year.

The Reduced exports; the reduction of the company's main product prices, lower corporate profitability, are the main reasons for the decline of the company's Operating Profit.

According report released by the East Sunshine Aluminum on July 28th, the company predicts that the net profit which belongs to the parent company's owners has decreased 70-90%. In the year 2008, the company's net profit is 88,509,633.95 million, earning 0.11 yuan per share.

The main reason for the reduction is the influence of the international financial crisis and the impact of the macroeconomic situation, so part of the company's exports decreased and so does the market demand; while, the reduction of the company's main product prices and lower corporate profitability, leading to decline in Operating Profit.

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